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Engineers & Planners acquires Azumah Resources Ghana and Upwest Resources

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Engineers & Planners Company Ltd (E&P) has announced the completion of the acquisition of Azumah Resources Ghana Ltd and Upwest Resources Ltd.

The company explained that the acquisition was finalised after a share transfer agreement with the Ghanaian Beneficial Owner, and the process had been duly registered with the Registrar of Companies with prior approval from the Minerals Commission.

According to E&P, the deal formally placed the Black Volta and Sankofa Projects under its full ownership and management.

The company described the acquisition as a landmark achievement not only for itself but also for Ghana’s mining industry, stressing that after decades of inactivity, the projects were now set for full-scale development under Ghanaian leadership.

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E&P indicated that it had secured the necessary funding to begin immediate development.

It further explained that part of the plan involved working with the Ghana Revenue Authority (GRA) to audit and confirm all loans previously recorded as investments in the projects.

The company added that all genuine loans would be repaid, subject to applicable taxes, to ensure fiscal compliance and safeguard state revenue.

The company said the secured funding would be deployed to commence mine construction and operations within the shortest possible time.

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E&P noted that the acquisition was not just a commercial opportunity but also a national duty, pointing out that the Black Volta and Sankofa Projects had remained undeveloped since 1992.

The company further stressed that moving the projects forward would create jobs, stimulate local economic activity, and contribute royalties and taxes to the state.

It added that communities in the Upper West Region would benefit from infrastructure and social investment linked to the projects.

The Chief Executive Officer of Engineers & Planners, Ibrahim Mahama, said it was a proud moment for both the company and Ghana.

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He stated that E&P was committed to ensuring that the projects, which had remained dormant for too long, would deliver real value to the country and its people.

He also said the company would work transparently with regulators and stakeholders to build mines that create shared prosperity.

E&P concluded that with the acquisition completed, it was ready to begin an intensive development programme, which it believed would set a precedent for Ghanaian-led mining ventures capable of competing globally while prioritizing national benefit.

By: Jacob Aggrey

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Mahama calls for stronger domestic capacity and sustainable financing for Global South

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President John Dramani Mahama has called for stronger domestic capacity, effective institutions and sustainable financing as countries in the Global South continue to face growing debt pressures and disruptions in the international development landscape.

Speaking at a Presidential Roundtable organized by the Open Society Foundation in New York on Monday, on the sidelines of the 81st UN General Assembly, President Mahama said the priority for developing nations must be to create jobs, improve public services, build infrastructure and expand opportunities, particularly for young people.

“When I speak about sovereignty in this context, I am speaking about the capacity to act,” President Mahama stated.

He further stressed the need for stronger coordination across government, greater domestic resource mobilisation, sound financial management and institutions capable of delivering measurable results.

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“Where an approach proves successful, the next step should be its adoption into public systems, local delivery institutions, and long-term financing models,” he added.

The high-level roundtable brought together presidents and chief executives of major global foundations to discuss sustainable development, financing and strengthening institutions across the Global South.

By Edem Mensah-Tsotorme

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Five arrested as police recover guns and suspected drugs in Tamale

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The Northern Regional Police Command has arrested five people during an operation at the Aboabo scraps area in Tamale, where two pistols, ammunition, suspected narcotics and cash were recovered.

The operation was carried out on Monday, September 21, 2026, at about 11:30 a.m. by the Special Operations Team, known as RED MARIA, as part of efforts to clamp down on drug peddling, drug use and other criminal activities in the Tamale Metropolis.

According to the police, the team acted on credible information and proceeded to the Aboabo scraps area, near the forest, where they arrested five suspects.

They were identified as Ibrahim Issahaku, 39; Mohammed John, 28; Mohammed Nawas, 25; Mohammed Osman Awal, 41; and Kwame Boateng, 28.

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The police said a search at the residence of Ibrahim Issahaku led to the recovery of two foreign made pistols, two rounds of 9mm ammunition, one parcel of suspected Indian hemp and GH¢1,880 in cash.

The police also found GH¢18,825 concealed inside the motorcycle of Kwame Boateng at the ghetto. The money is suspected to be proceeds from the sale of narcotic drugs.

Other items recovered included 123 wraps of suspected Indian hemp, 12 sachets of 1mg Rohypnol, seven sachets of 250mg Tramadol, 111 wraps of suspected ashes and three motorbikes.

In a statement issued on Tuesday, September 22, 2026, the Northern Regional Police Commander, DCOP Wisdom Lavoe, said the suspects and the exhibits had been handed over to the Regional Drug Law Enforcement Unit for further investigation and the necessary action.

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He added that the Regional Command would continue to conduct intelligence led operations to disrupt drug related activities and other criminal activities in the region.

By: Jacob Aggrey

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